Corrugated Boxes market is Predicted to Grow Approximately at 6.4% CAGR by 2032

MRFR Press Release/- Market Research Future published a cooked research report on global corrugated boxes market. The global corrugated boxes market was valued at USD 213.33 billion in 2023 and is expected to reach USD 369.66 billion by 2032, registering a CAGR of 6.4% from 2024 to 2032.

Corrugated Boxes market Highlights

The electronics sector is continuously evolving with new developments. Due to the increase in internet and mobile penetration, there has been rise in the acceptance of online payments and favourable demographics, which has given the companies in the electronic sector, an opportunity to connect with their customers. Thus, rapid growth in electronic sector is one of the major factors, driving the market growth.

Drivers

Market Research AnalysisThe global corrugated boxes market has been analyzed based on the three segments, namely type, wall construction, application across four geographic regions. Based on type, the market has been segmented as rigid boxes, self-erecting boxes, telescope boxes, slotted boxes and others. In 2016, rigid boxes segment was valued at USD 18,062.7 million. Rigid box is the sturdiest type of corrugated box, providing enough safety for the products in transit. On the basis of wall construction, the corrugated boxes market is bifurcated as single-wall, double-wall and triple-wall. Among these, single-wall accounted for the largest market share of 41.20% in 2016. As, single wall corrugated sheets are cheaply available and are widely used as a shipping case for online merchants.

Based on applications, the market has been segmented as food & beverages, consumer goods, personal care, healthcare, e-commerce and others. The increased demand for processed food products is leading to the increased adoption of the corrugated boxes. Food & Beverages segment accounted for the largest market share of in 2016, and is projected to grow at a CAGR of 4.39% during the forecast period.

Global Corrugated Boxes Market Size

Scope of the ReportThis study provides an overview of the global corrugated boxes market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global corrugated boxes market by its type, by wall construction, by application and regions.

By Type

• Rigid Boxes


• Self-Erecting Boxes


• Telescope Boxes


• Slotted Boxes


• Others 

By Wall Construction

• Single-Wall Corrugated Boxes


• Double-Wall Corrugated Boxes


• Triple-Wall Corrugated Boxes 

By Application

• Food & Beverages


• Consumer Goods


• Personal Care


• Healthcare


• E-Commerce


• Others 

• By Region

• Asia Pacific


• North America


• Europe


• Rest of World 

Key PlayersThe key players of the global corrugated boxes market are Mondi Group (Austria), Smurfit Kappa Group (Ireland) , International Paper Company (U.S.), Orora Packaging Australia Pty Ltd. (Australia), WestRock (U.S.), Georgia-Pacific LLC (U.S.), Archis Packaging Pvt. Ltd. (India), Europac Group (U.K.), KapStone Paper and Packaging Corporation (U.S.) and Nefab Group (Sweden).

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